SHARIAH / WAM In a high-level meeting chaired by Sheikha Bodour Al Qasimi, the Board ...
Read More »China’s Huochebang fetches $1bn valuation
Bloomberg Truck Alliance Inc., a Uber-type service for trucks known in China as Huochebang, raised about $115 million in a financing round that valued the startup at $1 billion. The two-year-old company backed by Tencent Holdings Ltd. and Hillhouse Capital secured the capital in a round led by new investors International Finance Corp. and All-Stars Investment Ltd. Tencent, Genesis ...
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